Free Pre-Market Technical Pulse on Callon Petroleum and Three More Independent Oil & Gas Stocks — Kosmos Energy, National Fuel Gas, California Resources, and Callon Petroleum Co.
Stock Research Monitor: KOS, NFG, and CRC
LONDON, UK / ACCESSWIRE / June 11, 2018 / CPE sign up now at www.wallstequities.com/registration. According to EY’s 2018 M&A survey, “Global Capital Confidence Barometer,” on the heels of record-level deal-making across industries in the first quarter of 2018, nine out of 10 executives expect the global M&A market to continue improving in the next 12 months, while two-thirds expect similar improvements in their sector. Pre-market today, WallStEquities.com tracks four Independent Oil and Gas companies to see how they have fared over the previous trading sessions: Kosmos Energy Ltd. (NYSE: KOS), National Fuel Gas Co. (NYSE: NFG), California Resources Corp. (NYSE: CRC), and Callon Petroleum Co. (NYSE: CPE). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Kosmos Energy
Last Friday, shares in Hamilton, Bermuda-based Kosmos Energy Ltd. ended the session 0.63% lower at $7.95. The stock recorded a trading volume of 1.19 million shares. The Company’s shares have advanced 12.93% in the last month, 34.75% over the previous three months, and 31.40% over the past year. The stock is trading above its 50-day and 200-day moving averages by 13.48% and 13.04%, respectively. Furthermore, shares of Kosmos Energy, which explores for and produces oil and gas in Africa and South America, have a Relative Strength Index (RSI) of 64.38.
On May 21st, 2018, Kosmos Energy gave an update on the current activity in Suriname. The Anapai-1 well drilling in Block-45 offshore Suriname encountered shallow bore hole stability issues before reaching the target interval. The Company and its partner will re-spud the well, Anapai-1A, targeting the same objectives. In Block 42, the partnership is finalizing the first of up to three independent tests of prospects. This includes the Pontoenoe prospect, which is similar to and along trend from the discoveries in Guyana. Get the full research report on KOS for free by clicking below at:
www.wallstequities.com/registration/?symbol=KOS
National Fuel Gas
Williamsville, New York-based National Fuel Gas Co.’s stock finished 0.15% lower at $52.07 with a total trading volume of 244,480 shares. The Company’s shares have gained 3.29% in the last month and 5.19% in the previous three months. The stock is trading above its 50-day moving average by 1.15%. Moreover, shares of the Company, which operates as a diversified energy company, have an RSI of 53.69. Download our actionable research report on NFG at:
www.wallstequities.com/registration/?symbol=NFG
California Resources
Shares in Los Angeles, California headquartered California Resources Corp. closed the day 0.27% higher at $40.37. The stock recorded a trading volume of 1.50 million shares. The Company’s shares have surged 28.53% in the last month, 178.99% over the previous three months, and 280.85% over the past year. The stock is trading above its 50-day and 200-day moving averages by 42.64% and 121.23%, respectively. Moreover, shares of California Resources, which operates as an oil and natural gas exploration and production company in the State of California, have an RSI of 71.82.
On May 17th, 2018, research firm Imperial Capital reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $35 a share to $41 a share.
On May 30th, 2018, California Resources announced its executives will be participating in the Wells Fargo West Coast Energy Conference on June 12th, 2018, and June 13th, 2018, in San Francisco, California. Separately, Todd Stevens, President and CEO, will present a Corporate overview at the J.P. Morgan Energy Conference on June 19th, 2018, at 4:20 p.m. EDT in New York. Register for your free report coverage on CRC at:
www.wallstequities.com/registration/?symbol=CRC
Callon Petroleum
Natchez, Mississippi headquartered Callon Petroleum Co.’s shares recorded a trading volume of 8.91 million shares last Friday, which was above their three months average volume of 5.64 million shares. The stock closed 2.22% lower at $10.14. The Company’s shares are trading 13.14% below their 200-day moving average. Additionally, shares of Callon Petroleum, which focuses on the acquisition, development, exploration, and exploitation of unconventional onshore, oil, and natural gas reserves in the Permian Basin in West Texas, have an RSI of 27.96.
On June 05th, 2018, Callon Petroleum declared a cash dividend of $1.25 per share on its 10.0% Series A Cumulative Preferred Stock. The dividend will be paid on June 29th, 2018, to stockholders of record as of June 15th, 2018. Get the free research report on CPE at:
www.wallstequities.com/registration/?symbol=CPE
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